Moves

The new head brings 20 years of product experience from investments and sales roles across various leading global financial institutions.

Last November, it also announced its plans to establish a new private bank booking centre in Singapore.

The private bank reported CHF 224.2 billion in global AUM at end-2024, up from CHF 204.2 billion a year earlier.

Headquartered in the US, LGA serves as an advisory and educational partner to family enterprises.

Madrid-headquartered Allfunds is a B2B wealthtech platform with over 1.5 trillion euros (US$1.7 trillion) in assets under administration.

Godfrey will join on 16th June and become a member of the executive leadership team, reporting to Joseph Pinto, chief executive of M&G Investments.

In 2024, the US bank delivered impressive results, with the firm's asset & wealth Management division achieving strong performance.

The move follows RBC’s Singapore expansion in March, where Kamran Azim took on dual roles as head of private banking and regional COO.

Former HSBC CEO Noel Quinn will also join the Swiss wealth manager as its next chairman in May.

Lau has held senior positions at Credit Suisse, Azura Investment Partners, UBS, and Citigroup Private Bank.

CBH reported CHF 16.3 billion in assets under management (AUM) in 2024.

Cavalli’s mandate will be to increase global connectivity for every client that could benefit from it.